Active
8254 Crown Lane
Colorado Springs CO, 80924
$11,000,000
$2,902.37 per sqft
Active
11 Beds
4.75 Baths
3,790 sqft
Residential
Built in 1909
MAPPING: Please use 8260 Crown Lane, Colorado Springs, CO, for Google Maps etc.
PRICING: Seller will consider offers through 5/15 with an accepted price dependent upon terms. One of two adjacent properties; see second parcel MLS ID #2980985. Can be purchased together or separately.
OVERVIEW:
Once in a generation opportunity to own the Historic Peacock Ranch! Property has been under the same ownership for 70+ years. Buy as your own private estate, ranch, or ag operation - OR - as a residential development with multifamily, high density single family residential, and/or estate lots.
SIZE: Property totals ~38 acres. Adjacent property is 10 acres (for a total of 48 acres).
SURROUNDING AREA:
- Great access to Powers Boulevard and Briargate/Research Parkway.
- Shopping, restaurant, entertainment within minutes.
- Academy District 20 Schools 0.25 miles to the east (Village Middle School and Ranch Creek Elementary). Liberty High School 1.5 miles away.
- Surrounded by Wolf Ranch, Cotton Wood Creek, Wolf Ranch Rec Cntr, trails.
ZONING & DEV:
Annexation: For the subdivision and development into densities with lot sizes < 5 acres, property needs to be annexed into CO Springs. The property is part of CO Springs growth area for "Newer Developing Neighborhood" in the 2020 Vision Map. The City is supportive of annexation.
Existing: The property is zoned RR5 within El Paso County allowing the subdivision into 5 acre parcels and estate homes. See attached El Paso County zoning map.
UTILTIES:
CSU water and sewer are INSTALLED. Runs from Tutt Blvd to James Creek Dr.; FOUR 12" connections exist with gate valves to ready for development. NO cost recovery by the City on these connections per agreement. 2" natural gas line also parallel to site. Electric + fiber at Tutt Blvd and Crown Lane.
WATER RIGHTS: Domestic well developable through County.
STRUCTURES:
All structures are being sold as is.
8222733
MLSⓇ ID
April 16, 2024
Listed
April 25, 2024
Updated
Map
8254 Crown Lane
Colorado Springs CO, 80924
Interior Features
Total Stories
1
Bedrooms
11
Total Bathrooms
4.75
Floor Description
Tile, Vinyl, Wood
Fireplace
Yes
Fireplace Description
Wood Burning Stove
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Electric, Wood Stove
Exterior/Building Features
Lot Size
38 Acres
Lot Features
Borders Public Land, Corner Lot, Greenbelt, Open Space, Subdividable, Suitable For Grazing
Roof
Metal
Sewer
Public Sewer, Septic Tank
School Information
School District
Academy 20
High School
Liberty
Elementary School
Legacy Peak
Other Property Details
Taxes
$1,432
Tax Frequency
Annually
Garage
Yes
Garage Spaces
5
Parking
Driveway-Dirt, Driveway-Gravel
Parking Total
5
View
Yes
View Description
City, Mountain(s)
County
El Paso
Water Source
Private, Public, Well
Pool
No
Zoning
RR-5 CAD-O
Listing History
Date | Event | Price |
|---|---|---|
4/17/2024 | Price Change | $11,000,000 1099999900% |
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Data last updated 5:12 PM UTC, 4/25/2024
